Archive for the ‘Equitable Division/Property Division’ Category

In opinion with numerous oddities, Supreme Court approves active/passive approach to valuing marital property

In the October 31, 2011 opinion in Burch v. Burch, 395 S.C. 318, 717 S.E.2d 757 (2011), the South Carolina Supreme Court finally ratifies the passive versus active gain distinction the Court of Appeals has used for years in determining the valuation date for marital assets that change value between the date of filing and the [...]

Rearranging the deck chairs

In August I blogged about an appellate loss by my friend and colleague, Thomas F. McDow, in the case of Pittman v. Pittman.  Last week the Court of Appeals modified its opinion, 395 S.C. 209, 717 S.E.2d 88 (Ct. App. 2011).  For reasons I assume are oversight this modified opinion did not appear in the October listing [...]

Selling property at below market value when encountering cash flow problems not “marital economic misconduct”

The August 31, 2011 Court of Appeals opinion in Nestberg v. Nestberg, 394 S.C. 618, 716 S.E.2d 310 (Ct. App. 2011) is the second of two Court of Appeals opinions from that date in which that court analyzed the issue of marital economic misconduct as applied to equitable distribution of marital assets. In Nestberg, shortly prior [...]

This is what happens when no one’s a math major

The August 31, 2011 Court of Appeals opinion in Barrow v. Barrow, 394 S.C. 603, 716 S.E.2d 302 (Ct. App. 2011) analyzes the issue of “misconduct” in the context of equitable distribution awards.  It represents a substantial victory for local family court attorney, colleague, and friend, Anne Frances Bleecker. The opinion is hard to follow because most attorneys [...]

Court of Appeals affirms family court on which QDRO plan to use

The August 10, 2011 Court of Appeals opinion in Keefer v. Keefer involved a dispute between which of two Qualified Domestic Relations Order (QDRO) plans from Husband’s employer the parties intended to use when they entered their separation agreement. As part of their divorce the Keefers entered a separation agreement which, in the part relevant [...]

At least he got the laptop back

N.B., the Court of Appeals opinion in Pittman v. Pittman was subsequently refiled with a different analysis on the transmutation issue. See Rearranging the deck chairs Thomas F. McDow is a friend of mine and an exceptional attorney.  When I noted that the appeal he pursued in Pittman v. Pittman, resulting in a published decision today [August [...]

Should being the victim of a third-party’s Ponzi scheme entitle one to reopen a marital property settlement?

The May 30, 2011 New York Times reports a story about a husband, a partner at a powerful New York City law firm, attempting to reopen his marital property settlement because the value of a major asset he kept in the settlement, shares in the Madoff account, declined in value when it was learned that [...]

Supreme Court authorizes use of SCRCP 60(b)(5) to right obvious injustice

The 2006 Court of Appeals opinion in Simmons v. Simmons, 370 S.C. 109, 634 S.E.2d 1 (Ct. App. 2006) voided a provision in the parties’ 1990 court-approved equitable distribution agreement that gave Wife a portion of Husband’s Social Security benefits.  The Court of Appeals found that this provision violated 42 U.S.C. § 407(a) of the Social [...]